Hana Bank Signs MOU for Financial Support Project with Hanssem Partner Companies
Support for Win-Win Cooperation Among Financial Companies, Large Corporations, and SMEs to Promote Mutual Growth and Job Creation
Hana Bank Offers Up to 1.5% Interest Rate Reduction on Loans for Hanssem Partners and Dealerships
Hanssem Operates a Total of 28 Billion KRW Win-Win Fund with an Additional 10 Billion KRW Contribution
Jiseonggyu, CEO of Hana Bank (right), and Seungsu Kang, Chairman of Hanssem, are signing a business agreement and taking a commemorative photo on the 20th.
View original image[Asia Economy Reporter Kim Hyo-jin] Hana Bank announced that it signed a business agreement for the Hanssem partner company financial support project at the Hanssem headquarters located in Sangam-dong, Mapo-gu, Seoul.
Under the agreement signed the previous day, Hana Bank will provide interest rates reduced by up to 1.5% compared to market loan rates for the Hanssem partner company co-growth cooperative loans (win-win fund), supporting Hanssem partner companies and dealerships. Hanssem decided to operate a total win-win fund of 28 billion KRW by adding 10 billion KRW to the existing 18 billion KRW.
As a result, Hanssem’s partner companies and dealerships, which could face liquidity difficulties due to the novel coronavirus disease (COVID-19), will be able to receive low-interest financial support, contributing to co-growth and job creation support among financial institutions, large corporations, and small and medium-sized enterprises.
At the signing ceremony, Jisung Kyu, CEO of Hana Bank, said, “I am honored to provide financial services that support win-win cooperation and co-growth between large corporations and SMEs,” and added, “We will continue to do our best to support SMEs, which play a pivotal role in the national economy during these difficult times caused by COVID-19.”
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Kang Seung-su, Chairman of Hanssem, also stated, “We will continue to practice sustainable win-win cooperation based on our corporate philosophy of growing together with partner companies and dealerships,” and added, “As a leading company in the domestic home interior sector, we will listen to the diverse voices of customers, dealerships, and partners and fulfill our corporate social responsibility.”
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